On September 30, 2014, FINRA issued NTM 14-37 which updated FINRA’s December 2013 proposal (see NTM 13-42 )to develop the Comprehensive Automated Risk Data System (CARDS).
A recent case in Georgia has just affirmed the potential for parental liability for the posts made by their children in this “wild west” frontier of internet tort liability.
The scenario is common: an employer wants to avoid issues with clocking in and out of lunch every day, so employees are told to take a one hour lunch and the hour automatically is deducted from their time worked. Of course, the employees are told to inform their supervisor if they work through lunch so that the automatic deduction is reversed. Believe it or not, this simple system has had plaintiffs’ attorney’s salivating at the opportunity for collective action lawsuits against employers.